First Time Home buyers Discover the many Benefits of Home Ownership in Adrian, Michigan

You have seen and heard plenty about financial benefits of home ownership, including budget control because you don’t have to be concerned with rent increases, tax credits and savings and equity build-up. Here are some other bonuses you may not have thought of:

Home ownership gives you the freedom to pursue other goals in life:

Many first time home buyers claim that other things fall into place once they can focus their energy on them. It’s as if the process took so much of their mental energy that other goals were placed on the back burner.

Home ownership creates the sense of belonging to a community:

Home ownership is an anchor; you have control over when you’re going to sell and when you have to move. Being settled in an area means kids don’t have to change schools and you have the freedom to plan for the future. Many first-time buyers have expressed how much they really feel “at home.”

Home Owners are in Charge

It’s your home; add to it, remodel it, re-do the landscaping; customize your home the way you pictured it when you were in the process of buying.

Where are the Kids?

When you live in an apartment complex, there are more possibilities of where the kids might be after school. Many tenants are in and out of apartment units and there are a variety of moral ideals in the neighborhood. In your own home, you are likely surrounded by people with stability in their lives; responsible families. There are fewer places your kids will go after school and getting to know their friends is much easier.

School Performance and Behavior

Studies have shown that kids do better in school when they live in their own home. The responsibility of homeownership seems to set a good example for the kids; they feel secure and they tend to have more respect for their property.

Your own Appliances are Much Nicer

This may seem small, but how frustrating is it to wait on the community washer and dryer at the apartment complex or to be using appliances that don’t have the convenient features like those you would purchase? What about all the time and money saved by not having to go to the laundromat?

Your stove and refrigerator can be a nice matching set with all the extras that don’t typically come with those in an apartment.

There are so many conveniences we take for granted once we’ve been in our own home. If you are a renter I’m sure you can think of many more things to add to this list. In many cases, if you can afford to rent, then you can afford to buy; what will your life look like when you become a home owner?

Mark Goedert of Goedert Real Estate specializes in working with first-time homebuyers to make home ownership a reality, even for those who have low-income or less than perfect credit.

Mark Goedert of Goedert Real Estate has been in business for over 50 years, working with real estate professionals, agents, developers, investors, REO brokers and first-time home buyers in the Down River area, Calhoun, Hillsdale, Ingham, Jackson, Lenawee, Livingston, Macomb, Monroe, Oakland, Washtenaw, Wayne and South Eastern Michigan Cities and Counties.